Services provided in the community of Spences Bridge include schools, a volunteer fire department and a general store. Spences Bridge is also home to a couple of motels and public and private campsite located at Goldpan Provincial Park.

The Spences Bridge stretch of the Thompson River is a world-renowned location for steelhead trout and salmon fishing. Sports fishermen visit the area in late summer and fall.

Agriculture is a major industry, and produce such as soft fruits and vegetables are sold in stalls beside the highway in town, as well as at wayside stops. Naturally, the principal industries in Spences Bridge are agriculture and farming.